I got my copy early from Amazon as well, and have been racing through it.
*WARNING - SPOILERS AHEAD*
The storyline is about four young athletes who are training to run the 100 metre relay in the Los Angeles Olympics, 1984 - their names are Steve (the charismatic hero of the novel), John, Andy and Mike. Their plans for the games start well, but come under threat when Andy gets disqualified for taking illegal performance enhancing drugs, whilst the team is further put under stress by Steve's unrequited and bitterly jealous love for John (who is much more into girls). The final straw comes when Mike finds out about Steve's sexuality, and tries to blackmail him. Needless to say, Steve has the last laugh, as on the day of the final he quits the team, leaving the others looking like idiots, and has the success he always deserved by getting the Gold Medal in the solo 100 metres, whilst his ex-teammates slip into obscurity (Mike, for instance, ends up committing suicide by shooting himself with a starting pistol when he realises he has betrayed his one-time friend).
I really enjoyed it, though some of the paragraphs lasted for several pages, which I found slightly odd.